Georgetown finds $5.6 million left over from 2020 budget : v

Georgetown finds $5.6 million left over from 2020 budget


Georgetown finds $5.6 million left over from 2020 budget
It's not unusual for a city to have excess funds at the end of a fiscal year, but Georgetown found itself with $5.6 million left over – far higher than normal.
Author: Mike Marut (KVUE)
Updated: 11:06 PM CDT April 16, 2021
GEORGETOWN, Texas — The pandemic forced cities, counties and states to tighten their budgets. After an economically trying year, Georgetown found itself with $5.6 million left over from its 2020 budget.
On Tuesday night, city council determined approximately $900,000 would be spent on winter storm recovery, police investigations, neighborhood plans and City vehicles. The remaining $4.7 million would move to a Council Special Reserve Fund to be spent later.

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